China's latest trade numbers show a drop in both imports and exports. The figures released on Thursday show exports down 8.8 percent last month in dollar terms from a year ago. That is a smaller drop than in July, but is the fourth consecutive month of decrease.
Imports were down 7.3 percent. The country's economic rebound has been losing steam recently, hampered by a slump in the property market.
Imports were down 7.3 percent. The country's economic rebound has been losing steam recently, hampered by a slump in the property market.
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Summary
China's trade figures show consecutive monthly decreases in both exports (-8.8%) and imports (-7.3%). The economic rebound has weakened due to a slump in the property market, affecting the figures released on Thursday compared to last year.
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ID: eeb2fac6-db3c-454c-9072-6b223f84be84
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20230907_31/
Date: Sept. 7, 2023
Created: 2023/09/08 07:23
Updated: 2025/12/08 23:58
Last Read: 2023/09/08 07:24